What is the variance of the following data? If necessary, round your answer to two decimal places 600,470,170,430,300
1 answer:
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Answer:
a)
b)
Step-by-step explanation:
Given:
The lifetimes of the individual items are independent exponential random variables.
Mean = 200 hours.
Assume, Ti be the time between ( )st and the
failures. Then, the
are independent with
being exponential with rate
Therefore,
a)
The variance is given by,
Answer:
Step-by-step explanation:
(a) Given
Sam charge $5 for each dog for a thirty minute walk
For an hour which is double the thirty minutes, it must be double of the same charge.
(b)Given
With $20, Christie sells 100 cups of lemonade with a quarter per cup charge
For 100 cup, she generate a revenue of
So, she earns that is , her profit is